6.The assignor's equity in assigned accounts that is required to be disclosed in the notes to the financial statements is equal to the

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A:

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A: The principal amount of a note receivable is the amount of cash borrowed.

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.